AMAXX

MAY 26, 2025

Workers compensation isnt a solo actits a team sport. This article breaks down the major stakeholders involved in workers comp and how collaboration across this ecosystem leads to better outcomesfor both the injured worker and the employer footing the bill. Theyre often the bridge between employers and carriers.

Workers Comp

AMAXX

FEBRUARY 17, 2025

The Link Between Trust and Outcomes A study conducted by the Workers Comp Research Institute (WCRI) highlights the crucial role that trust and fear play in an injured workers recovery and financial stability. ” Workers need clear, timely updates about their benefits, particularly wage replacement checks.

Workers Comp

AMAXX

MARCH 24, 2025

Accurate payroll accounting reflecting these deductions helps maintain appropriate premium charges aligned with actual exposure to injury risk. Workers’ compensation relies heavily on correct employer classification to reflect an accurate risk exposure. However, strict rules apply. All state laws vary.

Workers Comp

AMAXX

MAY 6, 2025

In fact, bad hires aren’t just a performance issuethey are a financial and legal liability , particularly in industries where physical labor increases the risk of injury. Here’s why employers must start treating hiring as a risk management function , and what they can do to mitigate the hidden costs.

Workers Comp

AMAXX

MARCH 10, 2025

Here are six critical actions your company can take before a planned layoff to effectively manage and potentially reduce workers compensation claims: This post is one in a 2-part series: Part 1: Layoff Planning to Control Workers Comp Claims Part 2: Layoff Planning to Control Workers Comp Claims 1.

Workers Comp

AMAXX

JULY 17, 2025

These two factors can dramatically influence your experience modification factor (mod) and ultimately how much you pay for workers’ comp insurance. Each code reflects the inherent level of risk in that job. For example: An office clerk might be classified under a low-risk code like 8810 Clerical Office Employees.

Workers Comp

AMAXX

JULY 22, 2025

In workers’ comp, hospital and provider bills come loaded with acronyms, codes, and charges that can seem impenetrable. This is where medical bill review (MBR) becomes an essential part of any effective workers’ compensation cost containment strategy. This is where major savings—15% to 35% of charges—can be realized.

Workers Comp

AMAXX

JULY 8, 2025

Yet, tucked inside this humble document lies one of the most powerful risk management tools a company has. A clear, accurate job description isn’t just a recruiting aid—it’s a secret weapon for safer hiring, lower workers’ compensation costs, and legal protection against costly discrimination claims. A key to lower workers’ comp costs.

Workers Comp

AMAXX

MARCH 10, 2025

In the first part of our series, we emphasized the importance of thoughtful layoff planning to mitigate the risk of increased workers’ compensation claims following a workforce reduction or facility closure. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers Comp Training Center.

Workers Comp

AMAXX

APRIL 30, 2025

When a workers compensation claim spirals into a costly, prolonged, or litigated nightmare, most people instinctively look for a technical failure: late paperwork, a coverage issue, or a misstep by the claims adjuster. The real reason many workers comp claims go off the rails? Here are four high-impact ways to start: 1.

Workers Comp

AMAXX

FEBRUARY 18, 2025

Misclassification can lead to costly errors, either by overpaying premiums or by facing penalties for underreporting risk. Each classification is assigned a code, which corresponds to a certain level of risk associated with that type of work. The higher the risk, the higher the workers compensation premium for that classification.

Workers Compensation

AMAXX

APRIL 10, 2025

In the complex world of workers compensation, risk managers play a vital role in aligning strategic oversight with day-to-day claims operations. Far from being a behind-the-scenes figure, a successful risk manager serves as the linchpin between claims administration, adjusters, and injury management teams.

Workers Comp

AMAXX

JUNE 30, 2025

Suddenly, multiple departments spring into action—HR files paperwork, safety investigates hazards, risk management analyzes costs, and someone else tracks regulatory compliance. Risk Management analyzes claims costs, tracks data, and develops cost-containment strategies. But while everyone’s working hard, they’re working separately.

Injury

AMAXX

MAY 21, 2025

In reality, the employer foots the bill for every dollar spent in the workers compensation system. Understanding who truly pays for workers comp is more than a technicalityits a mindset shift that unlocks better program management, smarter spending, and improved outcomes for injured workers. roofing vs. clerical work).

Workers Comp

AMAXX

MARCH 24, 2025

This post is one in a 3-part series: Part 1: Workers Comp Independent Premium Audits Explained Part 2: Workers Comp Independent Premium Audits Explained Part 3: Workers Comp Independent Premium Audits Explained To qualify for this treatment, construction employers must keep meticulous records specifying exact hours worked per classification code.

Workers Comp

AMAXX

MAY 27, 2025

In the world of workers compensation, few factors have a more immediate and measurable impact on claim outcomes than lag time the delay between when an injury occurs and when it is reported to the carrier or third-party administrator (TPA). You should consult with your insurance broker, attorney, or qualified professional.

Claim

AMAXX

JULY 1, 2025

Click Link to Access Free PDF Download “Step-By-Step Process To Master Workers’ Comp In 90 Days” “The only value of collecting data is doing something with it.” Risk management tracks claim costs. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers’ Comp Training Center.

Injury

AMAXX

MARCH 4, 2025

Workers who believe their jobs are at risk may delay their recovery, experience heightened stress, and ultimately cost their employers more in claims expenses due to prolonged disability or legal fees. FREE DOWNLOAD: “9-Element Blueprint To Create Your Workers’ Comp Employee Brochure” 5.

Workers Compensation

AMAXX

JULY 7, 2025

Consider these risks: Underqualified hires placed in physically demanding jobs are far more likely to be injured, especially during the critical first weeks of employment. Dishonest hires are more prone to actively disengage, cut corners, and disregard safety protocols —raising the risk of accidents and injuries. The good news?

Workers Comp

AMAXX

JULY 15, 2025

Your experience mod is essentially your company’s credit score for workers’ comp. It compares your actual workers’ compensation losses to the losses expected for similar businesses in your industry. It’s a measure of risk—the insurer’s way of predicting your future claims based on your past history. Let’s break it down.

Workers Comp

AMAXX

FEBRUARY 24, 2025

Shall we touch base about this on our regular risk management conference call? He is co-author of the #1 selling comprehensive training guide Your Ultimate Guide to Mastering Workers Comp Costs: Reduce Costs 20% to 50%. You should consult with your insurance broker, attorney, or qualified professional.

Workers Compensation

AMAXX

MAY 6, 2025

A lack of structured onboarding is a silent contributor to workplace accidents, workers comp claims, and high turnover. The Data Doesnt Lie: First-Year Employees Are at Highest Risk According to data cited in Workers Comp Mastery Training , nearly 35% of all workplace injuries occur in an employees first year.

Injury

AMAXX

MARCH 11, 2025

Large claims can have significant long-term impacts on premiums, experience modification factors, and overall workers’ compensation costs. He is co-author of the #1 selling comprehensive training guide Your Ultimate Guide to Mastering Workers Comp Costs: Reduce Costs 20% to 50%. All state laws vary.

Workers Comp

AMAXX

MARCH 4, 2025

Strategic Shift: View OSHA compliance not just as risk management but as a differentiator that sets your business apart. Michael Stack, CEO of Amaxx LLC, is an expert in workers compensation cost containment systems and provides education, training, and consulting to help employers reduce their workers compensation costs by 20% to 50%.

Workers Comp

AMAXX

FEBRUARY 10, 2025

Just as the Eagles didnt let distractions get in their way, companies cant afford to ignore how their leadership shapes workers comp outcomes. This mirrors the Eagles’ game plan execution staying focused on fundamentals and eliminating unnecessary risks. All state laws vary.

Injury

AMAXX

JULY 21, 2025

Enter nurse-led injury triage —one of the most cost-effective and underutilized tools in workers’ comp. It’s a low-risk, high-impact strategy—and one of the smartest moves any employer can make in their workers’ comp program. You should consult with your insurance broker, attorney, or qualified professional.

Injury

AMAXX

JULY 14, 2025

The Experience Rating Adjustment (ERA) is one of the best-kept secrets in workers’ comp cost control. The Risk of Unreported Injuries Even more dangerous than the direct cost is the risk lurking behind unreported injuries. Confirm your location’s rules with your broker or carrier. Let’s unpack why.

Claim

AMAXX

JULY 3, 2025

If there’s one thing safety and risk professionals agree on, it’s this: Nobody has time to waste. Risk management tracks claims. Risk Management initiates the workers’ compensation claim, tracks costs, and gathers data. Understand Overlapping Requirements A surprising amount of OSHA and workers’ comp data overlaps.

Workers Comp

AMAXX

MARCH 17, 2025

How Incentives Shape Behavior in Workers Comp Incentivesboth financial and non-financialare at the heart of many workers’ comp challenges. View workers compensation as an adversarial process. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers Comp Training Center.

Workers Comp

AMAXX

JUNE 26, 2025

Click Link to Access Free PDF Download “Avoid the 3 Primary Reasons Injured Workers’ Hire Attorneys” What Is a Weekly Roundtable? A roundtable is a structured, consistent meeting where key stakeholders involved in workers’ comp claims come together to review active files, discuss strategy, and make collaborative decisions.

Workers Comp

AMAXX

JULY 30, 2025

compared to companies where 90–100% of workers return quickly. That means your workers’ comp program is not just a safety measure—it’s a profit protection tool. He is co-author of the #1 selling comprehensive training guide “Your Ultimate Guide to Mastering Workers’ Comp Costs: Reduce Costs 20% to 50%.”

Workers Comp

Zywave

JUNE 10, 2025

Read more > Rating & Underwriting Risk Back Rating & Underwriting Risk ClarionDoor A Modern API-Driven Rating Administration Platform Featured Story Zywave’s Digital Distribution Suite – ClarionDoor has been recognized as a Luminary in the Celent Report for Insurer Stand-Alone Rating Engines – Global Edition. The challenge?

Cyber

AMAXX

FEBRUARY 24, 2025

Non-Medical Professionals (Risk Managers, Adjusters, Employers) For risk managers and claims adjusters, EBM provides an objective framework for managing claims. He is co-author of the #1 selling comprehensive training guide Your Ultimate Guide to Mastering Workers Comp Costs: Reduce Costs 20% to 50%. All state laws vary.

Workers Compensation

Simply Insurance

JUNE 28, 2025

Floods from a high-risk area may even exceed the entire value of your home. However, they are in the process of updating how they calculate risk and monthly premiums. When is FEMA changing the risk rating system? On or after October 1, 2021, new policies are priced under Risk Rating 2.0: Under Risk Rating 2.0:

Home Insurance

Simply Insurance

JUNE 11, 2025

Landlord insurance is worth it as a landlord to mitigate your risk and protect yourself from financial loss. DBA Simply Insurance ® in Georgia) " Simply Insurance® is a licensed independent insurance broker and doesnt underwrite any insurance policy described on this website. Is landlord rental insurance worth it?

Insurance Quotes

AMAXX

FEBRUARY 18, 2025

Michael Stack, CEO of Amaxx LLC, is an expert in workers compensation cost containment systems and provides education, training, and consulting to help employers reduce their workers compensation costs by 20% to 50%. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers Comp Training Center.

Workers Comp

Simply Insurance

JUNE 12, 2025

Landlord insurance is worth it as a landlord to mitigate your risk and protect yourself from financial loss. DBA Simply Insurance ® in Georgia) " Simply Insurance® is a licensed independent insurance broker and doesnt underwrite any insurance policy described on this website. Is landlord rental insurance worth it?

Insurance Quotes